Friday, December 13, 2013

An example of unfettered capitalism, New York Style

Pope Francis, in Evangelii Gaudium paragraphs 50-109 has much to say on the dangers of capitalism. Libertarians in the Church have fired back, claiming that there are no markets that are not regulated, at least in the first world. A few admit to the idea that due to corruption, unfettered de facto markets do exist in the third world- especially hell holes like Argentina, where the Pope is from and where the economy collapsed under the weight of predatory capitalism in 2001.

But is corruption limited to the third world? One state in our union has more than 50% of its income derived from predatory capitalism directly- derived from controlling investments in companies that exploit markets all over the world. And so for your consideration, may I present unfettered capitalism, New York Style where the government is most assuredly for sale to the highest bidder. Is it any wonder that this is also a culture of waste, where gay marriage, prostitution, pornography, and abortion are widely practiced (as long, of course, as the true victims and perpetrators of these crimes pay for the priviledge of committing them)?